Tracking Family Production Costs
You can record reference information on production costs for product families. However, Operations Plan does not use this information in family plan calculations.
You can maintain multiple sets of hourly production costs for each family item. Each set of costs is uniquely identified by the cost set code and the family item site. If your company uses the Cost Management module, you can set up family costs for a variety of cost sets.
Use Family Item Cost Maintenance (33.3.13) to set up family item production costs.
Family Item Cost Maintenance (33.3.13)
Family Item
Enter the family item number.
UM
The screen displays the inventory unit of measure from the item master record.
Site
Enter the site code.
Cost Set
Enter the cost set code.
Cost Set Type
The screen displays the cost set type for the cost set.
Costing Method
The screen displays the costing method for the cost set.
Production Rate
Enter the average hourly production rate for end items in this family. The production rate is the number of units of the family item that can normally be produced per hour on a production line.
Cost
Enter the average hourly production cost for end items in this family. The production cost is the normal hourly production cost for the specified number of units of the family item.
Use two programs to review family item cost data:
• Family Item Cost Inquiry (33.3.14) displays production rates and costs by family item, site, and cost set.
• Family Item Cost Report (33.3.15) enables you to select information for a range of items, sites, and cost sets.
